Eastern Bank welcomed Denise LeMay as senior vice president, head of foreign exchange and derivative sales, commercial banking. LeMay brings over 25 years of experience advising commercial clients on interest rate risk management and structuring complex financial solutions through derivative products.
“It’s a pleasure to welcome Denise LeMay to our commercial banking team,” Greg Buscone, executive vice president, chief commercial banking officer of Eastern Bank, said. “She fills an important role helping commercial businesses manage risk associated with currency fluctuations and interest rates, customized to their domestic and global business needs.”
Most recently, LeMay served as senior vice president, treasury capital markets trading manager at M&T Bank, where she advised commercial clients on the use of derivative products to manage interest rate risk, collaborated with relationship managers to identify hedging opportunities and played a key role in efforts around the London Interbank Offered Rate (LIBOR) to Secured Overnight Financing Rate (SOFR) transition. Previously, she built and led the Interest Rate Derivatives program at People’s United Bank, growing it into a key revenue driver and serving as a senior member of the LIBOR Cessation Steering Committee. Her other career roles include treasury and trading work at Webster Bank, Calamos Asset Management and NCM Capital Management Group with a focus on risk management and market education.
“I’m thrilled to join Eastern Bank’s commercial banking team, which is known for putting clients first and a focus on personalized relationship banking, and I look forward to offering practical solutions to help customers meet their business goals,” LeMay said.
